Most of us suffer from a Home bias. We invest only in companies in our own country. Even here we may get biased towards our own city. For example I know at least one investor who will not touch a company registered in Delhi. He just does not like companies reg in Delhi. Bias? sure. […]
When we were younger – the time when we were deciding where to study – most of us would not even think of studying abroad, unless we got a scholarship. Make no mistake – my dad could have afforded and would have paid for my education in the US. I got an offer for doing […]
The more money you have the more demanding you need to get with discipline in managing it. I remember a client with Rs. 200 crores of investible surplus once making a very very stupid investment of Rs. 5 crores in a PMS run by a foreign bank. I was aghast because he never did anything […]
Yesterday I was lucky enough to attend the 9th India Investment Conference (#IndiaInvConf) arranged by the CFA Society of India and it had a title of “Investing Insights for Uncertain Times”. Uncertain times and Volatile markets – these words have been used (over used) over the past 150 years at least, if not 200! Why […]
At the start let me tell you that the number 5 came from thin air – I could end up at 6, 7, or 4 – it does not matter! When I meet doctors, or generally anybody who attends my session I ask them one question: What scares you about your money life? Or “what […]
Success is not so much about money. Tushar Kapoor, Abhishek Bachhan, children of successful people like Rohan Gavaskar, etc. were born with a silver (golden?) spoon. They did not (do not) need any great success in life for a decent life style. Clearly none of them ‘earned’ enough to have the current life-style. However, all […]
I have written so many times about improving as an investor..here are some more. This is from a speech I gave to a bunch of equity enthusiasts..but it is not very original. Like I have always said I have stood on the shoulders of far superior investors and far superior writers. Here is an attempt […]